Owning their own yacht is a luxury that very few people can enjoy. Many people consider that a yacht is an object, which indicates that when they've made it. It is most likely that you will be thinking of purchasing a yacht at the point when you are planning on making millions in your life.
In general, yachts cost an exorbitant amount of money. If you're interested in buying new, you will easily spend thousands or possibly millions for it. Top of the line yachts cost more than many people earn in a lifetime. The kind of yachts that the rich and famous own are probably out of our league.
If you don't want to have the hot tub, sauna, and bar on board then you can purchase a beautiful yacht for a somewhat reasonable price. One of the best options is to share the cost of a yacht with some of your friends, family, or colleagues. It actually becomes quite a feasible venture if you each share a portion of the yacht's cost.
If you decide to go this route, you will need to establish the rules up front. It's certainly feasible that two people would want to take it out at the same time. Think of a good and fair way of scheduling, such as the beginning of a new year, or even years ahead of time. You can calendar the days, weeks, or months each party will have it. Everyone will be able to schedule their vacations using this method.
Since you're such good friends it may seem like a good idea at the time to just figure everything out later. Problems can quickly arise when money is involved. To prevent discrepancies and disputes later on it will be a good idea to put the cost each person is paying into the yacht, how the schedule will work, and other possible legal issues into a contract that everyone must sign.
If purchasing a yacht is out of the question, consider a sailboat instead. Sailboats are often less expensive and you can head out on sea excursions since most have modest sleeping quarters and kitchen units. Fancier sailboats can be quite expensive so you may want to split the cost with friends or family.
There is always the rental of a yacht for you to consider. You can do so for between $300 and $1000 per day, or more. When special events such as birthdays, anniversaries, company celebrations, and weddings come up, a rented yacht would be an excellent venue. Your great party would surely become a gala event.
Go to the local marina if you are looking for companies in your area that rent out yachts. You should be able to get some useful information from other boat owners or anyone working at the marina. There should also be signs informing you of what yachts are available for rent.
Yachts are great fun to own and if you afford it (lucky you!) then why not indulge and purchase something that will give you pleasure and enjoyment for years to come.
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Glyn Wilsons is the owner and operator of Star Yacht, the best place on the internet for information about yachts. For questions or comments about this article why not visit: www.staryacht.com/articles
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